About Us

Eureka! - An International B-Model Competition

Instated to foster the spirit of entrepreneurship and business acumen among people all around the world , Eureka! fast-tracks the journey from an innovative idea to a commercial success. Eureka! is Asia's largest Business Model competition accredited independently by CNN and Thomson Reuters. Designed to emulate the process of the growth of an idea towards a full-fledged startup. Eureka! prides itself on providing a 360 degree, holistic experience in the 5 month period that it spans. Right from acknowledging that your idea has potential, to drafting a B-Model, and pitching in front of an esteemed panel of investor- this platform has it all!Over the 17 years of its existence, Eureka! has grown from a competition in which 50 teams competed for INR 50,000 , to a competition which sees over 8000 entries competing for prizes worth INR 5 Million at stake with excellent networking opportunities in India and the Silicon Valley !

Our Vision

Innovation and entrepreneurship are the wheels that steer the world into a brighter future. The world economy will tumble upon itself if new innovations are not reaped every day. Great ideas result into great undertakings which pave the way for glaring success. It is easier said than done because the process of realizing an idea needs a deep understanding of the world around, and an innate preparedness to cope with failures - an inevitable part of enterprising. In order to facilitate this vision of promoting entrepreneurship in India and the world, E-Cell organizes Eureka!, an international business model competition. Eureka! provides a platform for potential ideas and early stage startups to evaluate their plan in the risk free environment of a competition. It aims to bridge the gap between ideas and the realization of an enterprise.

With the vision of promoting both business and social innovations, we follow two tracks:

  • Eureka! Business: The trademark of Eureka!, the business track of Eureka! is aimed at helping ideas develop into businesses that have the potential to revolutionize the world.

  • Eureka! Social: Eureka! Social encourages ideas and B-Models which cater to people at the bottom of the pyramid and or for a greener tomorrow. Eureka! Social will run as a parallel track and all the entries will be judged, mentored and evaluated separately self-sustainable in the long run.

Eureka 2006 200 2010 Participants 2,000+ 2012 Participants 5,200+ 2014 Participants 7,211 2015 Participants 8500+ Counting..

About Competition

Incentives

Touch Me!


Eureka! serves not only as a launch pad for budding ideas, but now has moved to be recognised as a platform for intensive learning of the entrepreneurial ecosystem by interactions and mentorship from the leaders of this field. Some of our past mentors and judges include Kunal Shah (Founder & CEO, Freecharge), Satish Kataria ( M.D., SpringBoard Ventures), V.S.S. Mani (Founder of Justdial), Paul Basil (Founder & CEO, Villgro), Sasha Mirchandani (Co-Founder, Mumbai Angels)


Track awards

Business Track

Winner- Prize money of INR 5,00,000

Runner up- Prize money of INR 3,00,000

Social Track

Winner- Prize money of INR 2,00,000

Runner up- Prize money of INR 1,00,000


Special awards

IIT Bombay award- Prize money of INR 1,00,000

Youth award- Prize money of INR 1,00,000

Technology and Sustainable Development award- Prize money of INR 1,50,000

FinTech award- Prize money of INR 1,50,000

Maharashtra awards- Total Prize money worth INR 6,00,000

Note: Read Terms Regarding Prize Allocation


Eureka! finalists (Teams that qualify for the Pitching Round) will receive a chance to pitch their business idea in front of a panel of angel investors and venture capitalists from organisation like

1. Indian Angel Network

2. Mumbai Angels

3. Microsoft Ventures

4. Unitus Seed Fund

Winners will also get a chance to pitch their idea to some of the prominent incubators in the entrepreneurial
society

Mentorship and Networking


Prize Money


Opportunities to secure funding and incubation


Consulting Services


Media Coverage


LSW and Mentor’s meet



To all the finalists, we provide variety of consultancy services like

1. Legal Consultancy

2. Financial Consultancy

3. HR and Scaling up

4. IP and related consultancy

5. Digital Marketing


Lean Startup workshop(LSW) is an intensive day long workshop which teaches entrepreneurs and innovators how to build disruptive products using Lean Startup methodologies. You acquire skills needed to identify, test, and eliminate the barriers to a viable business model. With focus on validation and fail fast succeed faster, you are sure to progress more in a day than most others do in months. Along with workshop opportunity for one one interaction with leading experts in industry helping you to gain an useful insight in your Eureka! Journey ahead


Media and business go hand in hand these days, and we at Eureka understand this well. The kind of media coverage startups at Eureka receive is phenomenal and increasing year by year. So if your idea has the X-factor, you could feature on many popular media platforms like Radio, TV, Newspapers, Magazines and Websites to give your startup an amazing boost!

Incentives

Mentorship and Networking

Mentorship and Networking

Eureka! serves not only as a launch pad for budding ideas, but now has moved to be recognised as a platform for intensive learning of the entrepreneurial ecosystem by interactions and mentorship from the leaders of this field. Some of our past mentors and judges include Kunal Shah (Founder & CEO, Freecharge), Satish Kataria ( M.D., SpringBoard Ventures), V.S.S. Mani (Founder of Justdial), Paul Basil (Founder & CEO, Villgro), Sasha Mirchandani (Co-Founder, Mumbai Angels)

CLOSE
Lean Startup Workshop and Mentor’s meet

Lean Startup Workshop and Mentor’s meet

Lean Startup workshop is an intensive day long workshop which teaches entrepreneurs and innovators how to build disruptive products using Lean Startup methodologies. You acquire skills needed to identify, test, and eliminate the barriers to a viable business model. With focus on validation and fail fast succeed faster, you are sure to progress more in a day than most others do in months. Along with workshop opportunity for one one interaction with leading experts in industry helping you to gain an useful insight in your Eureka! Journey ahead

CLOSE
Opportunities to secure funding and incubation

Opportunities to secure funding and incubation

Eureka! finalists (Teams that qualify for the Pitching Round) will receive a chance to pitch their business idea in front of a panel of angel investors and venture capitalists from organisation like

1. Indian Angel Network

2. Mumbai Angels

3. Microsoft Ventures

4. Unitus Seed Fund

Winners will also get a chance to pitch their idea to some of the prominent incubators in the entrepreneurial
society

CLOSE
Consulting Services

Consulting Services

To all the finalists, we provide variety of consultancy services like

1. Legal Consultancy

2. Financial Consultancy

3. HR and Scaling up

4. IP and related consultancy

5. Digital Marketing

CLOSE
Media Coverage

Media Coverage

Media and business go hand in hand these days, and we at Eureka understand this well. The kind of media coverage startups at Eureka receive is phenomenal and increasing year by year. So if your idea has the X-factor, you could feature on many popular media platforms like Radio, TV, Newspapers, Magazines and Websites to give your startup an amazing boost!

CLOSE

Eureka! 2016 Asia's Largest B-Model Competition

Last years' Entries
number of mentors
Number of years
Prize money worth in lakhs
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Have an idea? We will do the rest!


Eureka - Transforming ideas into reality since 1999

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as soon as possible.
Address

E-Cell Office , SAC, IIT Bombay

Phone

09167851832, 07506148231

Email

eureka@ecell.in, rishikesh@ecell.in